2026-01-13 16:26:07

The wallet distribution pattern of major holders in the LOCAL token ecosystem is worth paying attention to. According to on-chain data, top wallets are highly concentrated, with the largest wallet holding 7.8%, forming a clear accumulation of chips. The top five wallets together account for approximately 15.9%, indicating that whale investors have a significant interest in this project.

It is noteworthy that these top wallets have a diversified asset allocation. In addition to holding a large amount of LOCAL tokens, some wallets also hold assets from the SOL ecosystem. The fourth-largest wallet has a SOL position worth about $166, while the fifth-largest wallet's SOL exposure exceeds $19.4K. They also hold tokens like BOXABL, DHG, and others, demonstrating an institutional-level investment portfolio management strategy. This cross-asset allocation pattern typically reflects deep participation of professional traders in multi-chain ecosystems.

SOL-3,78%

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JustHereForAirdrops

· 31m ago

Whales are stacking LOCAL, it seems this project still has some potential. --- 15.9% concentrated in the top five wallets... If they dump, can we still survive? --- Hey, these big wallets are even holding SOL, looks pretty professional. --- Wait, that fifth-largest wallet alone has over 19K SOL? They must really look down on LOCAL haha. --- Having whales on guard is better than no one paying attention to the project, at least it shows something. --- BOXABL, DHG? They're playing in the multi-chain playground. --- The top five holdings are almost 16%, the concentration is indeed a bit high. What if something happens... retail investors like us can only wait and watch. --- But the institutional-level allocation strategies are quite evident; this isn't a straightforward project. --- It's both SOL ecosystem and all kinds of messy coins, feels like they're just gambling on which one can double.

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DegenWhisperer

· 18h ago

With whales so concentrated, it feels quite risky. I'm just worried that one day there might be a dump.

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GateUser-6bc33122

· 01-14 15:02

Whales are stocking up again, and the concentration is quite intense... It seems like those following suit later will be hammered down again.

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WhaleMistaker

· 01-13 21:52

7.8% chip concentration, how much they look down on retail investors haha

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AirdropCollector

· 01-13 16:53

It's the whales hoarding chips again; no wonder it can't go up.

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BTCWaveRider

· 01-13 16:44

With such a high concentration of whales, it was about time to be cautious. Concentrated in the top five hands, this LOCAL is much more fragile. No wonder SOL is also making moves there; it really is the operation of professional players.

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MergeConflict

· 01-13 16:39

Are all the whales quietly accumulating LOCAL? With such a high concentration, aren't they worried about dumping the market?

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LiquidationTherapist

· 01-13 16:36

With such a dispersed allocation among whales, it seems like they are hedging risk... but I still think a 15.9% concentration is a bit scary; once these big players start selling, it's all over.

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MondayYoloFridayCry

· 01-13 16:32

Whales are all deploying across multiple chains, while we're still going all-in on a single coin. The gap is really huge.

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